\begin{table}[htbp]\centering
\caption{Full Models Underlying Figure A2 - Avg. Year on Year Volatility } \centering \scriptsize \label{reg8}
\begin{tabular}{l*{1}{c}}
\hline\hline
                &\multicolumn{1}{c}{(1)}\\
\hline
Period=0        &     1.64\\
                &   (0.95)\\
Period=1        &     1.69\\
                &   (0.67)\\
Period=3        &     0.78\\
                &   (0.77)\\
Period=4        &    -2.36\\
                &   (0.71)\\
Period=5        &    -3.03\\
                &   (0.72)\\
Period=6        &    -0.44\\
                &   (0.61)\\
D               &     0.41\\
                &   (0.78)\\
Period=0 $\times$ D&     0.74\\
                &   (1.03)\\
Period=1 $\times$ D&     0.98\\
                &   (0.78)\\
Period=2 $\times$ D&     0.00\\
                &      (.)\\
Period=3 $\times$ D&    -0.29\\
                &   (0.86)\\
Period=4 $\times$ D&    -0.40\\
                &   (0.79)\\
Period=5 $\times$ D&    -0.75\\
                &   (0.80)\\
Period=6 $\times$ D&    -1.35\\
                &   (0.72)\\
Constant        &     5.14\\
                &   (0.70)\\
\hline
R2              &     0.60\\
N               &      679\\
\hline\hline
\multicolumn{2}{l}{\footnotesize \scriptsize Robust standard errors clustered at the municipal level in parentheses.}\\
\end{tabular}
\end{table}
